2428 Central AveCanon CityCO81212
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Canon City at 2428 Central Ave, Canon City, CO, 81212 listed at $229,900 pairs $1,664/mo rent with a $1,125/mo payment to leave $324/mo cash flow. Total monthly income runs $1,664/mo, and annual cash flow reaches $3,893/yr on $76,212 cash to close. Return on cash invested measures 25.02% in year one, and rental yield registers 8.69% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 129.79% and total cumulative return in cash totals $98,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,664/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81212, Canon City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 8,508 (65.2%) |
| Renter Occupied HU | 3,412 (26.2%) |
| Vacant Housing Units | 1,120 ( 8.6%) |
| Median Home Value | $329,969 |
| Average Home Value | $370,937 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,315
Multi-Family
785
Businesses
796
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Listed by: Kimberly M. Martin • Proficient Property Management Serv
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #4017129
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.